Stock market remains bullish with high turnover

Published date09 August 2022
Publication titleDaily Financial Times

The Colombo stock market remained bullish yesterday with indices up and higher turnover.

The active SandP SL20 Index gained by 2.4% and the benchmark ASPI by 1%. Turnover was Rs. 3.3 billion involving 85.6 million shares.

Asia Securities said following a brief dip after market-open, the indices continued to move upwards throughout the session with sharp gains recorded in LIOC (+16.2%), LOLC (+15.1%) and LLUB (+16.6%). Turnover remained above Rs. 3 billion for the third consecutive day as activity levels among retail and HNI...

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